January 11, 2012

Former SEC Official Nearing Settlement in Stanford Case

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A former regional enforcement official with the Securities and Exchange Commission who was accused of ethical violations in the investigations of accused Ponzi schemer Allen Stanford is close to a settlement with authorities, CNBC has confirmed, according to a source close to the case.

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SEC push may yield disclosures of cyber attacks

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China-based hackers rifled the computers of DuPont Co. at least twice in 2009 and 2010, hunting the technological secrets that made the company one of the world\’s most successful chemical makers.

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O.C. hybrid car maker raises another $110 million

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Fisker Automotive Inc., Anaheim maker of hybrid electric luxury cars, has reported another $110 million infusion of capital to the Securities and Exchange Commission.

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Man Used LinkedIn for $500B Securities Fraud

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An Illinois man linked to an elaborate LinkedIn fraud is facing an enforcement action by the Securities and Exchange Commission.

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Worthington Industries recalls propylene cylinders

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Worthington Industries Inc. is recalling 14.4-ounce propylene cylinders made by its Worthington Cylinders Wisconsin LLC subsidiary because of a faulty third-party valve.

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